Debt-laden Chinese property giant Vanke reported annual losses of 49.5 billion yuan ($6.8 billion) on Monday, citing falling sales and shrinking profit margins despite Beijing's attempts to revive ...

HONG KONG/BEIJING, March 5 (Reuters) - Struggling property developer China Vanke said on Tuesday it has funding in place to repay $630 million in dollar notes due on March 11, amid more selling ...

Vanke, whose interest-bearing debt stood at 331.3 billion yuan ($45.21 billion) as of the end of last June, is still trying to sell stakes in logistics platform GLP, property management unit Onewo ...

China Vanke, the country’s third largest residential developer last year, ... Beijing has announced a flurry of stimulus measures to bolster the real estate sector in recent days, ...

Vanke said in a separate filing that it expected to have made a loss of Rmb45bn ... Beijing has, since Evergrande’s default in 2021, prioritised completing unfinished projects, ...

BEIJING – China Vanke posted another massive loss in the third quarter, underscoring the pressure on the property developer as it tries to pay off debt amid the country’s prolonged housing slump.

Beijing has taken its boldest step yet to address China’s stubborn property crisis and clean ... but it seems that the giant developer Country Garden is on it as is the state-backed China Vanke.

China Vanke Co. is facing deepening pressure as several major insurers seek to protect their privately issued debt on concerns over potential liquidity stress at the nation’s second-largest ...

Vanke has taken new loans from state banks to ease its liquidity pressure and shore up its finances. It raised and refinanced 61.2 billion yuan in the first half of the year, it said in the filing.

Creditors, analysts expect Beijing to step in to stabilize Vanke; Shenzhen government steps up meetings and coordination - sources; State takeover to be first since property crisis started in 2021 ...

Vanke, whose interest-bearing debt stood at 331.3 billion yuan ($45.21 billion) as of the end of last June, is still trying to sell stakes in logistics platform GLP, property management unit Onewo, ...